The FORFIRM Audit
To enhance and protect organizational value by providing risk-based and objective assurance, advice and insight, whilst consistently building trust and strengthening the relationship with our clients, through the delivery of high quality and distinctive internal audit services.
Internal Audit Services
External Quality Assesment
At FORFIRM, we operate under a single global audit methodology which is codified in the FORFIRM Audit Guide, our based electronic audit policy and methodology handbook. The continuous improvement of our methodology is a collaborative effort of technical experts and practitioners from multiple countries with oversight and coordination from three groups.
We begin the Audit Comfort Cycle with the scoping process. What does management need to get comfort on? How do we answer this question?
It requires us to consider what we know about the industry, the marketplace and the company to form our own point of view on the risks that management should be concerned about.
We start this process from the top down through the organization to get an understanding of the real business objectives and risks at our clients. Our audit approach is therefore analogous to the “scoping” of target clients. When the Firm pursues business opportunities, we obtain an understanding of the business from the top-down. We don’t begin from the bottom of the organization. The same holds true for our recurring engagements.